The Pangaon Inland Container Terminal (ICT) in Keraniganj, Dhaka, is set to resume full operations in early January after years of losses and inactivity. The Chittagong Port Authority confirmed that Swiss company Medlog will take over management for 22 years, beginning in the first week of January. The terminal, built in 2013 on 64 acres at a cost of Tk 154 crore, can handle up to 200,000 containers annually. Officials expect the new arrangement to make the terminal profitable and strengthen Bangladesh’s trade and transport network.

Business leaders and port users have expressed both optimism and concern. They argue that profitability will depend on reducing customs delays, shipping costs, and vessel charges. Medlog Bangladesh Private Limited plans to invest about Tk 490 crore to modernize the terminal, add new cranes, and automate transport systems. The company will also introduce specialized vessels and barges for efficient cargo movement.

Experts believe the revived terminal could become a major logistics hub for Dhaka and surrounding industrial areas, easing pressure on road transport and boosting inland waterway trade efficiency.